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algol13
3 years ago
5

Of the following, which is the best reason for using activity-based costing? a. to keep better track of overhead costs b. to ass

ign indirect service overhead costs to direct overhead cost pools c. to more accurately assign overhead costs to cost pools so that these costs are better controlled d. to better assign overhead costs to products
Business
1 answer:
ira [324]3 years ago
3 0

Answer:

d. to better assign overhead costs to products

Explanation:

Activity-based costing is a method in which the overhead costs are assigned to the goods and this helps to create a relationship between the costs and the products to have a better understanding of the costs involved in the manufacturing process. According to this, the answer is that  the best reason for using activity-based costing is to better assign overhead costs to products.

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Jessica bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $250 less than the desktop. She
RUDIKE [14]

Answer:

Let desktop cost = x

Let laptop cost = x - 250

According to equation:

(x*7)/100 + (x-250)*8/100 = 325

7x + 8x - 2000 = 32500

15x = 32500+2000

15x = 34500

x = 2300

Desktop cost before finance charge = $2,300

Laptop cost before finance charge = $2,050 ($2,300-$250)

4 0
2 years ago
g Perfection purchased a 25% stake in Satisfactory for $486,000 on Jan 2, 2021. On Jan 1, 2021, Satisfactory had a book value of
Brums [2.3K]

Answer:

The value that Perfection records in it's books on Jan 2, 2021 related to its investment in Satisfactory is:

$486,000.

Explanation:

a) Data and Calculations:

Net asset value of Satisfactory = $1,944,000 on acquisition date

Stake purchased by Perfection = 25%

25% of the net asset value of Satisfactory = $486,000 ($1,944,000 * 25%)

b) There is no goodwill arising from the investment in Satisfactory.  The equity method will be used to account for the investment in the Satisfactory.  The Equity Method involves recording the investment in an associated company like Satisfactory when Perfection's ownership interest in Satisfactory is valued at 20–50% of the net assets.

5 0
3 years ago
Revenues, Expenses, and Cost of Goods Sold are closed to which of the following accounts:_________
iren2701 [21]

Answer: A) Income Summary

Explanation:

The Income Summary account is used to compile temporary accounts before posting them to capital accounts. Revenues, Expenses and Cost of Goods are temporary accounts which will be compiled in the Income summary account.

The Income summary account has a debit and a credit side with income going on the credit side and expenses going on the debit side. If the credit side is higher than the debit side then profits have been made. The reverse is true.

6 0
3 years ago
Sophia is a postal carrier for the United States Postal Service. She frequently complains about all the inefficiencies and unfai
weeeeeb [17]

Answer: Alienated follower

Explanation:

Alienated followers are independent and critical thinkers who participate not to the beam or fullness of their capacity in a group. Sophia is discouged by the inactiveness of her boss concerning her complians and this makes her to complain to anyone who may be willing to speak to him, this makes her a alienated follower.

5 0
3 years ago
________ forces the salesperson to be open-minded and to shoot for the top.
ladessa [460]
Compitition forces thesales person to beopen-mindedand to shoot for the top.

5 0
3 years ago
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